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Moscow Exchange Files Library

Clearing Rules
Current edition
Take effect from 03.08.2015
Clearing Rules
Part I. Common Part  (pdf, 1 Mb)
Part II. Tariffs  (pdf, 599 Kb)
Part V. Derivatives Market  (pdf, 863 Kb)
Ceased to be in force
Was valid from 05.12.2014 to 02.08.2015
Clearing Rules
Was valid from 09.06.2014 to 04.12.2014
Clearing Rules
Appendix №1 Clearing Agreement  (docx, 64 Kb)
Appendix №2 Tariffs of the Clearing Centre in the Derivatives Market and in the Standard Market Sector  (docx, 79 Kb)
Appendix №3 Tariffs of the Clearing Centre in the Securities Market for clearing of trades executed at the trading of OJSC St. Petersburg Exchange and OTC trades  (docx, 64 Kb)
Appendix №4 List of documents submitted by the Resident  (docx, 34 Kb)
Appendix №5 Reports submitted by the Clearing Members to the Clearing Centre  (docx, 30 Kb)
Appendix №6 TIME REGULATIONS  (docx, 35 Kb)
Appendix №7 PROCEDURE FOR CHANGE IN THE VALUES OF THE CLEARING REGISTERS  (docx, 23 Kb)
Appendix №8 METHODS OF CALCULATION OF THE SETTLEMENT PRICE OF THE SECURITY ADMITTED FOR TRADING IN THE STANDARD MARKET SECTOR OF CJSC STOCK EXCHANGE MICEX  (docx, 22 Kb)
Appendix №9 METHODS OF SETTING AND CHANGE IN THE LIMITS OF TRADE PRICE FLUCTUATIONS  (docx, 24 Kb)
Appendix №10 DISPUTE SETTLEMENT PROCEDURE  (docx, 19 Kb)
Appendix №11 METHODOLOGY FOR CALCULATION OF THE AMOUNT OF THE CONTRIBUTION TO THE GUARANTEE FUND  (docx, 29 Kb)
Was valid from 01.11.2013 to 08.06.2014
Clearing Rules  (pdf, 1 Mb)
Appendix 1 Contract of Clearing Services  (pdf, 102 Kb)
Appendix 2 Tariffs of the Clearing Centre in the Derivatives Market and in the Standard Market Sector  (pdf, 327 Kb)
Appendix 3 Tariffs of the Clearing Centre in the Securities market for clearing of trades concluded at the trading of OJSC St. Petersburg Exchange and OTC trades  (pdf, 120 Kb)
Appendix 4 Documents submitted by a resident legal entity. Documents submitted by a non-resident legal entity  (pdf, 122 Kb)
Appendix 5 Reports submitted by the Clearing Participants to the Clearing Centre  (pdf, 146 Kb)
Appendix 6 Time Regulations  (pdf, 179 Kb)
Appendix 7 Procedure for change in the values of the Clearing Registers  (pdf, 200 Kb)
Appendix 8 Methods of calculation of the settlement price of the security admitted for trading in the Standard Market Sector of CJSC Stock Exchange MICEX  (pdf, 123 Kb)
Appendix 9 Methods of setting and change in the limits of trade price fluctuations  (pdf, 167 Kb)
Appendix 10 Dispute settlement procedure  (pdf, 100 Kb)
Appendix 11 Methdology for calculation of the amount of the contribution to the Guarantee Fund  (pdf, 134 Kb)
Was valid from 19.04.2011 to 31.10.2013
Clearing Rules  (doc, 1 Mb)
Appendix F5. Provisions on the procedure for establishing and adjusting fluctuation limits for trades prices and mandatory liquidation of positions  (doc, 101 Kb)
Was valid from 14.02.2011 to 18.04.2011
Clearing Rules  (doc, 1 Mb)
Appendix S1. Clearing Center fees  (doc, 80 Kb)
Appendix S4-11. Requisites of documents submitted to the Settlement Depository, Settlement Company, DCC, Organizer of Trading, and requisites of documents received from the Settlement Depository, Settlement  (doc, 192 Kb)
Appendix S12. Interaction between the Clearing Center and Settlement Depositories and Settlement Companies  (doc, 92 Kb)
Appendix S13. Clearing Services Agreement  (doc, 80 Kb)
Appendix S14. Methodology for determination of limits for Trading Participants  (doc, 112 Kb)
Appendix S15. Procedure for calculation of the total margin call and ways to reduce it  (doc, 107 Kb)
Appendix S16. Methodology for calculation of securities’ settlement prices  (doc, 75 Kb)
Appendix S17. Methodology for allocation of a Trading Participant to a group of Trading Participants  (doc, 91 Kb)
Appendix S18. Rules of determining and changing market risk ratios for securities  (doc, 76 Kb)
Appendix S19. Procedure for debiting funds from collateral accounts at the initiative of the account holders  (doc, 77 Kb)
Appendix S20. Procedure for accepting securities as collateral  (doc, 73 Kb)
Appendix S21. Procedure for establishing and adjusting the limits  (doc, 166 Kb)
Appendix S22. Procedure for registration of funds in cash registers and for debiting funds from cash registers  (doc, 86 Kb)
Appendix F1. Schedule of interaction between the Clearing Center and the Settlement Company  (doc, 178 Kb)
Appendix F2. Provisions on the procedure for conducting cash and securities operations and registration thereof  (doc, 110 Kb)
Appendix F3. Rules of assigning a Clearing Participant’s internal code and codes of clearing registers sections. Procedure for opening and using clearing registers and sections of clearing registers  (doc, 90 Kb)
Appendix F4. Clearing Center reports  (doc, 646 Kb)
Appendix F5. Provisions on the procedure for establishing and adjusting fluctuation limits for trades prices and mandatory liquidation of positions  (doc, 76 Kb)
Appendix F6. Fees for the clearing services rendered to Clearing Members  (doc, 101 Kb)
Appendix F7. Methodology for calculation of settlement prices for securities admitted to trading in the on-exchange trading mode with T+4 settlement  (doc, 71 Kb)
Appendix F8. Provisions on the Contingency and Reserve Funds  (doc, 69 Kb)
Was valid from 09.03.2010 to 13.02.2011
Clearing Rules  (doc, 1 Mb)
Appendix S1. Clearing Center fees  (doc, 80 Kb)
Appendix S4-11. Requisites of documents submitted to the Settlement Depository, Settlement Company, DCC, Organizer of Trading, and requisites of documents received from the Settlement Depository, Settlement  (doc, 192 Kb)
Appendix S12. Interaction between the Clearing Center and Settlement Depositories and Settlement Companies  (doc, 92 Kb)
Appendix S13. Clearing Services Agreement  (doc, 80 Kb)
Appendix S14. Methodology for determination of limits for Trading Participants  (doc, 112 Kb)
Appendix S15. Procedure for calculation of the total margin call and ways to reduce it  (doc, 107 Kb)
Appendix S16. Methodology for calculation of securities’ settlement prices  (doc, 75 Kb)
Appendix S17. Methodology for allocation of a Trading Participant to a group of Trading Participants  (doc, 91 Kb)
Appendix S18. Rules of determining and changing market risk ratios for securities  (doc, 76 Kb)
Appendix S19. Procedure for debiting funds from collateral accounts at the initiative of the account holders  (doc, 77 Kb)
Appendix S20. Procedure for accepting securities as collateral  (doc, 73 Kb)
Appendix S21. Procedure for establishing and adjusting the limits  (doc, 166 Kb)
Appendix S22. Procedure for registration of funds in cash registers and for debiting funds from cash registers  (doc, 86 Kb)
Appendix F1. Schedule of interaction between the Clearing Center and the Settlement Company  (doc, 178 Kb)
Appendix F2. Provisions on the procedure for conducting cash and securities operations and registration thereof  (doc, 110 Kb)
Appendix F3. Rules of assigning a Clearing Participant’s internal code and codes of clearing registers sections. Procedure for opening and using clearing registers and sections of clearing registers  (doc, 90 Kb)
Appendix F4. Clearing Center reports  (doc, 646 Kb)
Appendix F5. Provisions on the procedure for establishing and adjusting fluctuation limits for trades prices and mandatory liquidation of positions  (doc, 76 Kb)
Appendix F6. Fees for the clearing services rendered to Clearing Members  (doc, 101 Kb)
Appendix F7. Methodology for calculation of settlement prices for securities admitted to trading in the on-exchange trading mode with T+4 settlement  (doc, 71 Kb)
Appendix F8. Provisions on the Contingency and Reserve Funds  (doc, 69 Kb)
Was valid from 18.01.2010 to 08.03.2010
Clearing Rules  (doc, 1 010 Kb)
Was valid from 07.09.2009 to 17.01.2010
Clearing Rules  (doc, 1 Mb)
Appendix S1. Clearing Center fees  (doc, 79 Kb)
Appendix S4-11. Requisites of documents submitted to the Settlement Depository, Settlement Company, DCC, Organizer of Trading, and requisites of documents received from the Settlement Depository, Settlement  (doc, 187 Kb)
Appendix S12. Interaction between the Clearing Center and Settlement Depositories and Settlement Companies  (doc, 88 Kb)
Appendix S13.Clearing Services Agreement  (doc, 83 Kb)
Appendix S14. Methodology for determination of limits for Trading Participants  (doc, 109 Kb)
Appendix S15. Procedure for calculation of the total margin call and ways to reduce it  (doc, 101 Kb)
Appendix S16. Methodology for calculation of securities’ settlement prices  (doc, 75 Kb)
Appendix S17. Methodology for allocation of a Trading Participant to a group of Trading Participants  (doc, 91 Kb)
Appendix S18. Rules of determining and changing market risk ratios for securities  (doc, 76 Kb)
Appendix S19. Procedure for debiting funds from collateral accounts at the initiative of the account holders  (doc, 76 Kb)
Appendix S20. Procedure for accepting securities as collateral  (doc, 73 Kb)
Appendix S21. Procedure for establishing and adjusting the limits  (doc, 165 Kb)
Appendix S22. Procedure for registration of funds in cash registers and for debiting funds from cash registers  (doc, 86 Kb)
Appendix F1. Schedule of interaction between the Clearing Center and the Settlement Company  (doc, 193 Kb)
Appendix F2. Provisions on the procedure for conducting cash and securities operations and registration thereof  (doc, 109 Kb)
Appendix F3. Rules of assigning a Clearing Participant’s internal code and codes of clearing registers sections. Procedure for opening and using clearing registers and sections of clearing registers  (doc, 77 Kb)
Appendix F4. Clearing Center reports  (doc, 371 Kb)
Appendix F5. Provisions on the procedure for establishing and adjusting fluctuation limits for trades prices and mandatory liquidation of positions  (doc, 76 Kb)
Appendix F6. Fees for the clearing services rendered to Clearing Members  (doc, 112 Kb)
Appendix F7. Methodology for calculation of settlement prices for securities admitted to trading in the on-exchange trading mode with T+4 settlement  (doc, 60 Kb)
Appendix F8. Provisions on the Contingency and Reserve Funds  (doc, 68 Kb)
Was valid from 23.04.2009 to 06.09.2009
Clearing Rules  (doc, 1 Mb)
Appendix S1. Clearing Center fees  (doc, 79 Kb)
Appendix S4-11. Requisites of documents submitted to the Settlement Depository, Settlement Company, DCC, Organizer of Trading, and requisites of documents received from the Settlement Depository, Settlement Company, DCC, Organizer of Trading  (doc, 190 Kb)
Appendix S12. Interaction between the Clearing Center and Settlement Depositories and Settlement Companies  (doc, 88 Kb)
Appendix S13.Clearing Services Agreement  (doc, 83 Kb)
Appendix S14. Methodology for determination of limits for Trading Participants  (doc, 109 Kb)
Appendix S15. Procedure for calculation of the total margin call and ways to reduce it  (doc, 101 Kb)
Appendix S16. Methodology for calculation of securities’ settlement prices  (doc, 75 Kb)
Appendix S17. Methodology for allocation of a Trading Participant to a group of Trading Participants  (doc, 91 Kb)
Appendix S18. Rules of determining and changing market risk ratios for securities  (doc, 76 Kb)
Appendix S19. Procedure for debiting funds from collateral accounts at the initiative of the account holders  (doc, 76 Kb)
Appendix S20. Procedure for accepting securities as collateral  (doc, 73 Kb)
Appendix S21. Procedure for establishing and adjusting the limits  (doc, 165 Kb)
Appendix S22. Procedure for registration of funds in cash registers and for debiting funds from cash registers  (doc, 86 Kb)
Appendix F1. Schedule of interaction between the Clearing Center and the Settlement Company  (doc, 185 Kb)
Appendix F2. Provisions on the procedure for conducting cash and securities operations and registration thereof  (doc, 108 Kb)
Appendix F3. Rules of assigning a Clearing Participant’s internal code and codes of clearing registers sections. Procedure for opening and using clearing registers and sections of clearing registers  (doc, 77 Kb)
Appendix F4. Clearing Center reports  (doc, 371 Kb)
Appendix F5. Provisions on the procedure for establishing and adjusting fluctuation limits for trades prices and mandatory liquidation of positions  (doc, 76 Kb)
Appendix F6. Fees for the clearing services rendered to Clearing Members  (doc, 106 Kb)
Appendix F7. Methodology for calculation of settlement prices for securities admitted to trading in the on-exchange trading mode with T+4 settlement  (doc, 60 Kb)
Appendix F8. Provisions on the Contingency and Reserve Funds  (doc, 71 Kb)